•  Submitted by 06/10/09 , Click: , Source: insurance news net

    NEW YORK--(BUSINESS WIRE)--Private Client Group, a division of AIU Holdings, today announced the introduction of Private Client SelectSM, an insurance offering designed specifically for affluent individuals who qualify for Private Client Group’s traditional property/casualty insurance program, but whose complex needs require protection not readily available in the marketplace. Through a range of highly customizable insurance policies, the program offers comprehensive solutions for exposures such as homes under construction, homes in coastal locations and excess liability risk for high-profile individuals.

    In addition to robust coverage, Private Client Select policyholders benefit from access to Private Client Group’s market-leading suite of services designed to minimize or prevent damage, simplify claims, and provide peace of mind. Examples include its pioneering Hurricane and Wildfire Protection Units, at-home vulnerability assessments, as well as security system planning and design assistance. In the event of a loss, claims will be handled by the group’s concierge-level Claims Service® specialists, providing policyholders with exceptional service and claims resolution that is second to none.

    “Private Client Group has always focused on developing solutions for those with extraordinary coverage needs,” said Maureen Hackett, Chief Underwriting Officer, Private Client Group. “Finding ways to address even more complex exposures is a natural extension of our offerings.”

    Currently, Private Client Select’s policy offerings including homeowners, private collections, personal excess liability, employment practices liability, earthquake and excess flood insurance. For more information on Private Client Select, please contact Alison Murphy at (617) 457-6831 or alison.murphy@aiuholdings.com, or visit http://aiuholdings.com.

    Private Client Group, a division of AIU Holdings, provides property and casualty insurance to successful individuals and their families. Its innovative products are designed to enhance protection of, and minimize threats to, personal wealth and safety. Private Client Group’s portfolio of insurance products includes homeowners, excess liability, automobile, private collections, excess flood, yacht, aviation, and kidnap and ransom. In addition to its products, Private Client Group offers an extensive range of risk management services including loss-prevention expertise for owners of fine homes, management of art collections; and personal security consultation.

    AIU Holdings is a leading property casualty and general insurance organization serving more than 40 million businesses and individuals worldwide. With a 90-year history, more than 500 products and services, deep claims management expertise, and excellent financial strength ratings, AIU Holdings enables individual consumers, entrepreneurial businesses, and large multinationals alike to manage virtually any risk with confidence. Our insurance and risk management products and services are provided through insurance brokers, agents, and other distribution partners around the globe.

    AIU Holdings is the marketing name for the worldwide property casualty insurance operations of AIU Holdings, Inc. and AIU Holdings LLC. For additional information, please visit our website at www.aiuholdings.com. In the United States, all products are written by insurance company subsidiaries of AIU Holdings, Inc. Coverage may not be available in all jurisdictions and is subject to actual policy language. Certain coverage may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds and insureds are therefore not protected by such funds. Non-insurance products and services may be provided by independent third parties.

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